Mortgages and Conservation Easements: Not a Good Mix

6 Pages Posted: 25 Jul 2011

See all articles by Wendy C. Gerzog

Wendy C. Gerzog

University of Baltimore - School of Law

Date Written: July 25, 2011

Abstract

This article reviews Kaufman and the Tax Court’s reconsideration of its summary judgment decision that rejected the taxpayers’ deduction for a facade easement charitable deduction. The issues newly considered are the deductibility of the taxpayers’ required cash payments to the charity in connection with obtaining a facade easement charitable deduction and the application of various penalties.

Keywords: charitable deduction, conservation easement, facade easement, income tax, tax penalties, Kaufman

JEL Classification: D64, H24, K34

Suggested Citation

Gerzog, Wendy C., Mortgages and Conservation Easements: Not a Good Mix (July 25, 2011). Tax Notes, Vol. 132, No. 4, p. 437, 2011; University of Baltimore School of Law Legal Studies Research Paper . Available at SSRN: https://ssrn.com/abstract=1894739

Wendy C. Gerzog (Contact Author)

University of Baltimore - School of Law ( email )

1420 N. Charles Street
Baltimore, MD 21218
United States
410-837-4522 (Phone)

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